Thermo Fisher Scientific Inc [TMO] stock prices are up 6.78% to $606.74 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TMO shares have gain 5.55% over the last week, with a monthly amount glided 15.33%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Thermo Fisher Scientific Inc [NYSE: TMO] stock has seen the most recent analyst activity on January 10, 2025, when Bernstein upgraded its rating to a Outperform but kept the price target unchanged to $630 for it. On October 14, 2024, Redburn Atlantic initiated with a Buy rating. Stephens started tracking the stock assigning a Overweight rating and suggested a price target of $680 on October 01, 2024. Wells Fargo initiated its recommendation with a Overweight and recommended $670 as its price target on August 28, 2024.
The stock price of Thermo Fisher Scientific Inc [TMO] has been fluctuating between $493.30 and $627.88 over the past year. Currently, Wall Street analysts expect the stock to reach $631.71 within the next 12 months. Thermo Fisher Scientific Inc [NYSE: TMO] shares were valued at $606.74 at the most recent close of the market. An investor can expect a potential return of 4.12% based on the average TMO price forecast.
Analyzing the TMO fundamentals
The Thermo Fisher Scientific Inc [NYSE:TMO] reported sales of 42.88B for trailing twelve months, representing a surge of 4.68%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.13 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.63.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 594.17 points at the first support level, and at 581.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 615.14, and for the 2nd resistance point, it is at 623.54.
Ratios To Look Out For
It’s worth pointing out that Thermo Fisher Scientific Inc [NYSE:TMO]’s Current Ratio is 1.66. On the other hand, the Quick Ratio is 1.29, and the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 5.41, the price to book ratio is 4.74 and price to earnings (TTM) ratio is 36.72.
Transactions by insiders
Recent insider trading involved CASPER MARC N, Chairman & CEO, that happened on Dec 03 ’24 when 10000.0 shares were sold. Chairman & CEO, CASPER MARC N completed a deal on Dec 02 ’24 to sell 10000.0 shares. Meanwhile, Officer CASPER MARC N bought 10000.0 shares on Dec 03 ’24.
